--------------------------------------------------------------------------------
      name:  <unnamed>
       log:  D:\Dropbox\Work\Research\CreditCardABSRewrite\Draft\ReplicationFile
> s\Tab_4\Stata\Tab4_ 1 Jan 2022.log
  log type:  text
 opened on:   1 Jan 2022, 14:54:00

. 
. import delimited "Data_Table_04.csv"
(encoding automatically selected: ISO-8859-1)
(9 vars, 241 obs)

. 
. * generate year/month
. gen ym = ym(year,month)

. format ym %tm

. tsset ym

Time variable: ym, 2000m1 to 2020m1
        Delta: 1 month

. 
. * generate indicators for subperiods
. generate pre=1 if year<2007
(157 missing values generated)

. generate cri=1 if year>2006 & year<2010
(205 missing values generated)

. generate post=1 if year>2009 & year<2021
(120 missing values generated)

. 
. * generate diffs
. gen Driskprem_a = D.riskprem_a*100.0
(22 missing values generated)

. gen Driskprem_b = D.riskprem_b*100.0
(22 missing values generated)

. gen Driskprem_c = D.riskprem_c*100.0
(22 missing values generated)

. gen Dcptbillspread = D.cptbillspread*100.0
(1 missing value generated)

. gen Daaa10yr = D.aaa10yr*100.0
(1 missing value generated)

. gen Dbaa10yr = D.baa10yr*100.0
(1 missing value generated)

. gen Dhy = D.hy*100.0
(1 missing value generated)

. 
. * Table 4
. 
. *****************
. * A Tranche
. * All
. regress Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy

      Source |       SS           df       MS      Number of obs   =       219
-------------+----------------------------------   F(4, 214)       =     35.95
       Model |  90848.5012         4  22712.1253   Prob > F        =    0.0000
    Residual |  135195.196       214  631.753252   R-squared       =    0.4019
-------------+----------------------------------   Adj R-squared   =    0.3907
       Total |  226043.697       218  1036.89769   Root MSE        =    25.135

-------------------------------------------------------------------------------
  Driskprem_a | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .1837488    .080116     2.29   0.023     .0258312    .3416664
     Daaa10yr |  -.7994196   .1823392    -4.38   0.000     -1.15883   -.4400086
     Dbaa10yr |   .8787995    .179161     4.91   0.000     .5256532    1.231946
          Dhy |   .1075742   .0430872     2.50   0.013     .0226444    .1925039
        _cons |   .3047022   1.699866     0.18   0.858    -3.045923    3.655328
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =       219
maximum lag : 4                                     F(  4,   214)  =     10.16
                                                    Prob > F       =    0.0000

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_a | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .1837488    .105359     1.74   0.083    -.0239256    .3914232
     Daaa10yr |  -.7994196   .3886303    -2.06   0.041    -1.565453    -.033386
     Dbaa10yr |   .8787995   .3395368     2.59   0.010     .2095346    1.548064
          Dhy |   .1075742   .0329605     3.26   0.001     .0426053     .172543
        _cons |   .3047022   1.245715     0.24   0.807     -2.15074    2.760145
-------------------------------------------------------------------------------

. outreg2 using Tab4_A, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "A Tranche") ctitle("All") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt(f) rd
> ec(3) rfmt(f) word replace
Tab4_A.rtf
dir : seeout

. 
. * 2000-2006
. regress Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy if pre==1

      Source |       SS           df       MS      Number of obs   =        83
-------------+----------------------------------   F(4, 78)        =      0.42
       Model |  1105.69793         4  276.424483   Prob > F        =    0.7909
    Residual |  50850.9305        78  651.935006   R-squared       =    0.0213
-------------+----------------------------------   Adj R-squared   =   -0.0289
       Total |  51956.6284        82   633.61742   Root MSE        =    25.533

-------------------------------------------------------------------------------
  Driskprem_a | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.0527281   .2176465    -0.24   0.809    -.4860289    .3805728
     Daaa10yr |  -.0123964   .3565243    -0.03   0.972    -.7221816    .6973889
     Dbaa10yr |   .0236359   .4000458     0.06   0.953    -.7727941    .8200659
          Dhy |   .0636181   .0813706     0.78   0.437    -.0983783    .2256145
        _cons |   1.129859   2.812059     0.40   0.689    -4.468521    6.728239
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if pre=
> =1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =        83
maximum lag : 4                                     F(  4,    78)  =      0.32
                                                    Prob > F       =    0.8671

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_a | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.0527281   .2856465    -0.18   0.854    -.6214065    .5159504
     Daaa10yr |  -.0123964    .317699    -0.04   0.969    -.6448864    .6200937
     Dbaa10yr |   .0236359   .2709116     0.09   0.931    -.5157076    .5629795
          Dhy |   .0636181   .0811527     0.78   0.435    -.0979445    .2251807
        _cons |   1.129859   1.591839     0.71   0.480    -2.039248    4.298966
-------------------------------------------------------------------------------

. outreg2 using Tab4_A, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "A Tranche") ctitle("2000-2006") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_A.rtf
dir : seeout

. * 2007-2009
. regress Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy if cri==1

      Source |       SS           df       MS      Number of obs   =        36
-------------+----------------------------------   F(4, 31)        =     15.38
       Model |  112576.846         4  28144.2114   Prob > F        =    0.0000
    Residual |  56739.2186        31  1830.29738   R-squared       =    0.6649
-------------+----------------------------------   Adj R-squared   =    0.6217
       Total |  169316.064        35  4837.60184   Root MSE        =    42.782

-------------------------------------------------------------------------------
  Driskprem_a | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .2952463      .1649     1.79   0.083    -.0410695     .631562
     Daaa10yr |  -1.721071   .7337456    -2.35   0.026    -3.217555   -.2245871
     Dbaa10yr |   1.348083   .4708116     2.86   0.007     .3878565     2.30831
          Dhy |   .1476801   .1146844     1.29   0.207    -.0862203    .3815804
        _cons |   .9682051   7.201063     0.13   0.894    -13.71846    15.65487
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if cri=
> =1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =        36
maximum lag : 4                                     F(  4,    31)  =     35.64
                                                    Prob > F       =    0.0000

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_a | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .2952463   .1089689     2.71   0.011     .0730028    .5174897
     Daaa10yr |  -1.721071   1.164785    -1.48   0.150    -4.096665    .6545231
     Dbaa10yr |   1.348083   .6725897     2.00   0.054    -.0236727    2.719839
          Dhy |   .1476801    .071716     2.06   0.048     .0014142    .2939459
        _cons |   .9682051   4.408296     0.22   0.828    -8.022573    9.958983
-------------------------------------------------------------------------------

. outreg2 using Tab4_A, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "A Tranche") ctitle("2007-2009") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_A.rtf
dir : seeout

. * 2010-2020
. regress Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy if post==1

      Source |       SS           df       MS      Number of obs   =       100
-------------+----------------------------------   F(4, 95)        =      7.25
       Model |  1061.98686         4  265.496715   Prob > F        =    0.0000
    Residual |  3477.83321        95  36.6087706   R-squared       =    0.2339
-------------+----------------------------------   Adj R-squared   =    0.2017
       Total |  4539.82007        99  45.8567684   Root MSE        =    6.0505

-------------------------------------------------------------------------------
  Driskprem_a | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .1666327   .0992079     1.68   0.096    -.0303199    .3635853
     Daaa10yr |  -.1162365   .0792926    -1.47   0.146    -.2736522    .0411792
     Dbaa10yr |   .1661751   .0909227     1.83   0.071    -.0143293    .3466795
          Dhy |    .030034   .0197226     1.52   0.131    -.0091202    .0691883
        _cons |  -.4888302   .6062818    -0.81   0.422    -1.692452    .7147913
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_a Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if post
> ==1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =       100
maximum lag : 4                                     F(  4,    95)  =      4.98
                                                    Prob > F       =    0.0011

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_a | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .1666327   .0632061     2.64   0.010     .0411528    .2921126
     Daaa10yr |  -.1162365   .0954724    -1.22   0.226    -.3057731    .0733001
     Dbaa10yr |   .1661751   .1120068     1.48   0.141    -.0561864    .3885367
          Dhy |    .030034   .0175538     1.71   0.090    -.0048147    .0648828
        _cons |  -.4888302   .5765586    -0.85   0.399    -1.633444    .6557834
-------------------------------------------------------------------------------

. outreg2 using Tab4_A, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "A Tranche") ctitle("2010-2020") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_A.rtf
dir : seeout

. 
. 
. *******************
. * B Tranche
. * All
. regress Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy

      Source |       SS           df       MS      Number of obs   =       219
-------------+----------------------------------   F(4, 214)       =     11.65
       Model |  255481.658         4  63870.4146   Prob > F        =    0.0000
    Residual |   1173026.6       214   5481.4327   R-squared       =    0.1788
-------------+----------------------------------   Adj R-squared   =    0.1635
       Total |  1428508.26       218  6552.79017   Root MSE        =    74.037

-------------------------------------------------------------------------------
  Driskprem_b | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.3223198   .2359896    -1.37   0.173    -.7874815    .1428419
     Daaa10yr |  -1.515903   .5370979    -2.82   0.005    -2.574583   -.4572234
     Dbaa10yr |   2.062556   .5277361     3.91   0.000     1.022329    3.102782
          Dhy |   .0647357   .1269176     0.51   0.611     -.185433    .3149043
        _cons |   .0419596   5.007121     0.01   0.993    -9.827632    9.911551
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =       219
maximum lag : 4                                     F(  4,   214)  =      4.89
                                                    Prob > F       =    0.0009

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_b | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.3223198   .6514877    -0.49   0.621    -1.606475     .961835
     Daaa10yr |  -1.515903   .5238312    -2.89   0.004    -2.548433   -.4833735
     Dbaa10yr |   2.062556   .8164503     2.53   0.012     .4532414     3.67187
          Dhy |   .0647357    .145355     0.45   0.657    -.2217752    .3512466
        _cons |   .0419596   5.229881     0.01   0.994    -10.26672    10.35064
-------------------------------------------------------------------------------

. outreg2 using Tab4_B, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "B Tranche") ctitle("All")  drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt(f) r
> dec(3) rfmt(f) word replace
Tab4_B.rtf
dir : seeout

. * 2000-2006
. regress Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy if pre==1

      Source |       SS           df       MS      Number of obs   =        83
-------------+----------------------------------   F(4, 78)        =      0.28
       Model |   1477.7118         4   369.42795   Prob > F        =    0.8915
    Residual |  103718.354        78  1329.72249   R-squared       =    0.0140
-------------+----------------------------------   Adj R-squared   =   -0.0365
       Total |  105196.066        82  1282.87886   Root MSE        =    36.465

-------------------------------------------------------------------------------
  Driskprem_b | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   -.082123    .310835    -0.26   0.792     -.700948     .536702
     Daaa10yr |  -.0160831   .5091754    -0.03   0.975    -1.029773    .9976073
     Dbaa10yr |   .0089178   .5713314     0.02   0.988    -1.128516    1.146351
          Dhy |   .0777014   .1162106     0.67   0.506    -.1536562    .3090589
        _cons |   1.508342   4.016084     0.38   0.708    -6.487068    9.503752
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if pre=
> =1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =        83
maximum lag : 4                                     F(  4,    78)  =      0.22
                                                    Prob > F       =    0.9292

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_b | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   -.082123   .3908663    -0.21   0.834    -.8602781    .6960321
     Daaa10yr |  -.0160831   .4280235    -0.04   0.970    -.8682124    .8360463
     Dbaa10yr |   .0089178   .3831577     0.02   0.981    -.7538905    .7717262
          Dhy |   .0777014   .1137199     0.68   0.496    -.1486976    .3041003
        _cons |   1.508342   2.229419     0.68   0.501    -2.930092    5.946775
-------------------------------------------------------------------------------

. outreg2 using Tab4_B, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "B Tranche") ctitle("2000-2006") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_B.rtf
dir : seeout

. * 2007-2009
. regress Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy if cri==1

      Source |       SS           df       MS      Number of obs   =        36
-------------+----------------------------------   F(4, 31)        =      2.54
       Model |  321660.428         4   80415.107   Prob > F        =    0.0594
    Residual |  980574.669        31  31631.4409   R-squared       =    0.2470
-------------+----------------------------------   Adj R-squared   =    0.1498
       Total |   1302235.1        35  37206.7171   Root MSE        =    177.85

-------------------------------------------------------------------------------
  Driskprem_b | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.4164742   .6855187    -0.61   0.548    -1.814599    .9816504
     Daaa10yr |  -1.712944   3.050311    -0.56   0.578    -7.934095    4.508207
     Dbaa10yr |   2.876294   1.957248     1.47   0.152    -1.115539    6.868127
          Dhy |   .0101729   .4767634     0.02   0.983    -.9621926    .9825383
        _cons |   2.243424    29.9361     0.07   0.941    -58.81166    63.29851
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if cri=
> =1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =        36
maximum lag : 4                                     F(  4,    31)  =     17.22
                                                    Prob > F       =    0.0000

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_b | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.4164742   .7265958    -0.57   0.571    -1.898376    1.065428
     Daaa10yr |  -1.712944   2.236791    -0.77   0.450    -6.274909    2.849022
     Dbaa10yr |   2.876294   1.622507     1.77   0.086    -.4328304    6.185418
          Dhy |   .0101729   .4416762     0.02   0.982    -.8906317    .9109774
        _cons |   2.243424   31.96732     0.07   0.945    -62.95436    67.44121
-------------------------------------------------------------------------------

. outreg2 using Tab4_B, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "B Tranche") ctitle("2007-2009") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_B.rtf
dir : seeout

. * 2010-2020
. regress Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy if post==1

      Source |       SS           df       MS      Number of obs   =       100
-------------+----------------------------------   F(4, 95)        =      3.97
       Model |  2754.30687         4  688.576717   Prob > F        =    0.0051
    Residual |  16494.6509        95  173.627904   R-squared       =    0.1431
-------------+----------------------------------   Adj R-squared   =    0.1070
       Total |  19248.9578        99  194.433917   Root MSE        =    13.177

-------------------------------------------------------------------------------
  Driskprem_b | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .3061053   .2160546     1.42   0.160    -.1228173    .7350279
     Daaa10yr |  -.4305848   .1726831    -2.49   0.014    -.7734041   -.0877655
     Dbaa10yr |   .4875206   .1980111     2.46   0.016     .0944189    .8806224
          Dhy |  -.0093726   .0429517    -0.22   0.828    -.0946425    .0758973
        _cons |  -1.916127   1.320358    -1.45   0.150    -4.537369    .7051155
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_b Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if post
> ==1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =       100
maximum lag : 4                                     F(  4,    95)  =      4.14
                                                    Prob > F       =    0.0039

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_b | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .3061053   .1147244     2.67   0.009     .0783485     .533862
     Daaa10yr |  -.4305848   .2162102    -1.99   0.049    -.8598163   -.0013532
     Dbaa10yr |   .4875206   .2320549     2.10   0.038     .0268335    .9482078
          Dhy |  -.0093726   .0283408    -0.33   0.742    -.0656362     .046891
        _cons |  -1.916127   1.352553    -1.42   0.160    -4.601283    .7690301
-------------------------------------------------------------------------------

. outreg2 using Tab4_B, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "B Tranche") ctitle("2010-2020") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_B.rtf
dir : seeout

. 
. 
. *******************
. * C Tranche
. * All
. regress Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy

      Source |       SS           df       MS      Number of obs   =       219
-------------+----------------------------------   F(4, 214)       =      8.60
       Model |  472491.981         4  118122.995   Prob > F        =    0.0000
    Residual |  2939784.29       214  13737.3098   R-squared       =    0.1385
-------------+----------------------------------   Adj R-squared   =    0.1224
       Total |  3412276.27       218  15652.6434   Root MSE        =    117.21

-------------------------------------------------------------------------------
  Driskprem_c | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.6805434   .3735912    -1.82   0.070    -1.416933    .0558464
     Daaa10yr |  -2.158076   .8502707    -2.54   0.012    -3.834054   -.4820979
     Dbaa10yr |   2.847146   .8354503     3.41   0.001      1.20038    4.493911
          Dhy |   .0826004   .2009211     0.41   0.681    -.3134375    .4786383
        _cons |   .2434614    7.92669     0.03   0.976    -15.38093    15.86785
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =       219
maximum lag : 4                                     F(  4,   214)  =      4.42
                                                    Prob > F       =    0.0019

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_c | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.6805434   1.069365    -0.64   0.525    -2.788381    1.427294
     Daaa10yr |  -2.158076   .7970744    -2.71   0.007    -3.729198   -.5869539
     Dbaa10yr |   2.847146   1.289011     2.21   0.028     .3063607     5.38793
          Dhy |   .0826004   .2823683     0.29   0.770    -.4739789    .6391797
        _cons |   .2434614   8.141392     0.03   0.976    -15.80413    16.29105
-------------------------------------------------------------------------------

. outreg2 using Tab4_C, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "C Tranche") ctitle("All") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt(f) rd
> ec(3) rfmt(f) word replace
Tab4_C.rtf
dir : seeout

. * 2000-2006
. regress Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy if pre==1

      Source |       SS           df       MS      Number of obs   =        83
-------------+----------------------------------   F(4, 78)        =      0.24
       Model |  2962.71503         4  740.678759   Prob > F        =    0.9163
    Residual |  243088.337        78  3116.51714   R-squared       =    0.0120
-------------+----------------------------------   Adj R-squared   =   -0.0386
       Total |  246051.052        82  3000.62258   Root MSE        =    55.826

-------------------------------------------------------------------------------
  Driskprem_c | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.1280536   .4758655    -0.27   0.789    -1.075429    .8193218
     Daaa10yr |  -.0478834     .77951    -0.06   0.951    -1.599769    1.504002
     Dbaa10yr |   .0062314   .8746662     0.01   0.994    -1.735095    1.747558
          Dhy |   .1154436   .1779099     0.65   0.518    -.2387477    .4696349
        _cons |   2.192493   6.148329     0.36   0.722    -10.04789    14.43288
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if pre=
> =1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =        83
maximum lag : 4                                     F(  4,    78)  =      0.20
                                                    Prob > F       =    0.9382

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_c | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.1280536    .561931    -0.23   0.820    -1.246772     .990665
     Daaa10yr |  -.0478834   .6357343    -0.08   0.940    -1.313533    1.217766
     Dbaa10yr |   .0062314   .6196389     0.01   0.992    -1.227375    1.239838
          Dhy |   .1154436   .1718619     0.67   0.504    -.2267072    .4575944
        _cons |   2.192493   3.594349     0.61   0.544    -4.963305    9.348291
-------------------------------------------------------------------------------

. outreg2 using Tab4_C, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "C Tranche") ctitle("2000-2006") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_C.rtf
dir : seeout

. * 2007-2009
. regress Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy if cri==1

      Source |       SS           df       MS      Number of obs   =        36
-------------+----------------------------------   F(4, 31)        =      1.79
       Model |  585879.217         4  146469.804   Prob > F        =    0.1559
    Residual |  2535663.69        31  81795.6029   R-squared       =    0.1877
-------------+----------------------------------   Adj R-squared   =    0.0829
       Total |  3121542.91        35  89186.9402   Root MSE        =       286

-------------------------------------------------------------------------------
  Driskprem_c | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.8331259   1.102363    -0.76   0.455    -3.081411    1.415159
     Daaa10yr |  -2.655318    4.90512    -0.54   0.592    -12.65938    7.348741
     Dbaa10yr |   4.005447   3.147395     1.27   0.213    -2.413707     10.4246
          Dhy |   .0047326   .7666699     0.01   0.995    -1.558901    1.568366
        _cons |   4.294745   48.13941     0.09   0.929    -93.88623    102.4757
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if cri=
> =1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =        36
maximum lag : 4                                     F(  4,    31)  =     12.31
                                                    Prob > F       =    0.0000

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_c | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |  -.8331259    1.16754    -0.71   0.481     -3.21434    1.548088
     Daaa10yr |  -2.655318   3.521814    -0.75   0.457    -9.838105     4.52747
     Dbaa10yr |   4.005447   2.983487     1.34   0.189    -2.079415    10.09031
          Dhy |   .0047326   .8334524     0.01   0.996    -1.695105     1.70457
        _cons |   4.294745   52.26257     0.08   0.935    -102.2955     110.885
-------------------------------------------------------------------------------

. outreg2 using Tab4_C, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "C Tranche") ctitle("2007-2009") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_C.rtf
dir : seeout

. * 2010-2020
. regress Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy if post==1

      Source |       SS           df       MS      Number of obs   =       100
-------------+----------------------------------   F(4, 95)        =      4.24
       Model |  6187.76332         4  1546.94083   Prob > F        =    0.0034
    Residual |  34675.9701        95  365.010211   R-squared       =    0.1514
-------------+----------------------------------   Adj R-squared   =    0.1157
       Total |  40863.7334        99  412.764984   Root MSE        =    19.105

-------------------------------------------------------------------------------
  Driskprem_c | Coefficient  Std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .4631521   .3132609     1.48   0.143    -.1587495    1.085054
     Daaa10yr |  -.6789909   .2503759    -2.71   0.008     -1.17605   -.1819319
     Dbaa10yr |    .743507   .2870994     2.59   0.011     .1735426    1.313471
          Dhy |  -.0205201   .0622764    -0.33   0.743    -.1441543    .1031141
        _cons |  -2.542365   1.914408    -1.33   0.187    -6.342945    1.258215
-------------------------------------------------------------------------------

. loc AdjR2 = e(r2_a)

. newey2 Driskprem_c Dcptbillspread Daaa10yr Dbaa10yr Dhy, lag(4) force, if post
> ==1
No panel variable found. Time series assumed.


Regression with Newey-West standard errors          Number of obs  =       100
maximum lag : 4                                     F(  4,    95)  =      3.59
                                                    Prob > F       =    0.0090

-------------------------------------------------------------------------------
              |             Newey-West
  Driskprem_c | Coefficient  std. err.      t    P>|t|     [95% conf. interval]
--------------+----------------------------------------------------------------
Dcptbillspr~d |   .4631521   .2065251     2.24   0.027      .053148    .8731562
     Daaa10yr |  -.6789909   .3182818    -2.13   0.035     -1.31086   -.0471217
     Dbaa10yr |    .743507   .3668278     2.03   0.045     .0152617    1.471752
          Dhy |  -.0205201    .042199    -0.49   0.628    -.1042958    .0632556
        _cons |  -2.542365    1.77528    -1.43   0.155    -6.066742     .982012
-------------------------------------------------------------------------------

. outreg2 using Tab4_C, stats(coef tstat) noaster addstat(AdjR2, `AdjR2') title(
> "C Tranche") ctitle("2010-2020") drop(Driskprem*) bdec(4) bfmt(f) tdec(2) tfmt
> (f) rdec(3) rfmt(f) word 
Tab4_C.rtf
dir : seeout

. 
. log close
      name:  <unnamed>
       log:  D:\Dropbox\Work\Research\CreditCardABSRewrite\Draft\ReplicationFile
> s\Tab_4\Stata\Tab4_ 1 Jan 2022.log
  log type:  text
 closed on:   1 Jan 2022, 14:54:01
--------------------------------------------------------------------------------
